Fiscal decentralization and regional economic growth: Theory, empirics, and the Russian experience
The article addresses the theoretical and empirical relation between fiscal decentralization and economic growth. An empirical analysis of Russian regions for 2005–2012 shows that excessive expenditure decentralization within the region, which is not accompanied by the respective level of revenue de...
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Format: | Article |
Language: | English |
Published: |
Voprosy Ekonomiki
2015-12-01
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Series: | Russian Journal of Economics |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2405473916000052 |